The cost of dog bite insurance claims is steadily increasing

dog bite

Over one in three homeowners insurance liability claim payments are a result of these suits. According to data from the Insurance Information Institute, in 2011, more than a third of all of the claims paid out for homeowners liability coverage had to do with a dog bite. In fact, those filings made up almost $479 million in payments in that year alone. The largest American writer of homeowners policies, State Farm Mutual Automobile Insurance Company, paid out over $109 million to people who were bitten by dogs. It received almost…

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